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Market AnalysisUpdated March 2026

Durham County, NC — Market Snapshot

Real estate market data for Durham County, North Carolina. Census demographics, rental trends, and economic indicators for investors and developers.

Population

329,405

ACS 2023

Median Household Income

$85,352

ACS 2023

Renter-Occupied

45%

ACS 2023

Median Rent

$1,409/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
23.5%
Ages 20–29
16.0%
Ages 30–39
17.1%
Ages 40–49
12.3%
Ages 50–59
11.4%
Ages 60–69
10.7%
Over 70
9.0%

Household Income Distribution

Under $30K
16.0%
$30K–$50K
14.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Moderate (4-5x)

ACS 2023

Price-to-Income Ratio

6.5x

Redfin SFR ÷ FRED Per Capita Income
Very Affordable (<3x)Moderate (3–5x)Expensive (5–7x)Very Expensive (>7x)
6.5x

At 6.5x price-to-income, median home prices in Durham County are elevated relative to income.

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$448,500
Median Gross Rent
$1,409/mo
Homeownership Rate
55%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,432/mo
Median Annual Property Tax(ACS estimate)
$3,238
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Durham County HPI

292.7

FRED Q4 2025

Since 2020

+55.9%

vs. 2020 baseline

Durham County home values have appreciated 55.9% since 2020, trailing the North Carolina statewide average of 71.7%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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Market Tier

Bawa Score: 93 / 100

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Economic Indicators

Unemployment Rate
3.1%
Per Capita Personal Income
$69,077
Labor Force
180,882
GDP
$44B
Building Permits
2,905

▼ −26.6% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$10.1B
State Home Price Index
701.9
State GDP
$844B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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